2016 Olympics: Rio de Janeiro Even More Expensive Than Costa Rica

By Alba Santandreu The drop in the dollar and higher prices for some services, such as hotels, will make Rio de Janeiro a more expensive city to visit during the Summer Olympics next month, but tourists will find the “Ciudad Maravilhosa” more affordable than during the 2014 World Cup. Visitors arriving in August will find that the Brazilian real is up about 20 percent against the U.S. dollar since the start of the year, when the exchange rate hit 4.00 amid a serious political and economic crisis. Although the exchange rate will be less favorable than a few months ago,…